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bbc.co.uk
Why a famous Montreal sandwich shop has been forced to swap its soda
Schwartz’s, one of Montreal’s most famous delis, has changed suppliers for its black cherry soda.
theguardian.com
The student loan scam looking to dupe already anxious students
Scammers hope to siphon off some of the £2.6bn in student maintenance funds paid out each SeptemberYou are about to start university and can’t wait but then you receive a worrying text message. It is a few days before the first student loan payment is due to land in your account and apparently someone has tried to alter your bank details.“Our records indicate that your bank details on your student finance account were changed on Friday 16th. If you did not do this please contact us immediately,” says the text. Continue reading...
theguardian.com
‘Britain’s Yellowstone’: restoration project aims to take the greed out of land acquisition
Investors in Emblehope Moor will get their financial returns – and then it will be given to community or charity ownersIt is difficult to find the most remote place in England. There is no public transport, no roads and no sign of any human habitation. Online route finders mistakenly direct cars up a grassy track. But miles along gravel forest roads in the far north of Northumberland is the largest contiguous rewilding site under single ownership in the country.The vast glacial bowl of 7,500-acre Emblehope Moor has been bought for £8.5m by Restore, a nature restoration company that works with landowners across Britain. Continue reading...
theguardian.com
Travellers to EU face renewed queues as border-check flexibility rules expire
Sources indicate some members states will not enforce EES biometric controls after 6 September deadlineWhat are the new EU border checks and how will they affect your holiday?Travellers to the EU could face renewed border queues as flexibility measures for the bloc’s entry-exit system officially come to an end – although numerous sources have indicated that some member states will not enforce biometric checks.Airlines last week called on the European Commission to extend discretionary powers to pause EES controls when necessary until the end of 2026, with the deadline for “flexibility” passing on 6 September. Continue reading...
bbc.co.uk
Aviation faces hotter, stormier skies – and passengers might have to accept more disruption
Are people going to have to increasingly accept more delays and diversions as the effects of climate change intensify?
theguardian.com
Ministers plan to slash paperwork rules for small UK businesses
Business secretary looks to simplify corporate reporting rules and exempt some SMEs from certain form-filling The amount of paperwork businesses are required to regularly carry out could be slashed, the business secretary has announced.Jonathan Reynolds said he plans to simplify corporate reporting rules and exempt some small and medium-sized enterprises (SMEs) from the need to carry out certain form-filling exercises altogether. Continue reading...
theguardian.com
London Paddington fire causes rail chaos as Heathrow trains cancelled
Blaze causes electricity supply failure and disruption of services to airport and ReadingHundreds of passengers were evacuated from a train, and services to Heathrow airport were cancelled, after a fire near tracks in the London Paddington area caused major disruptions to London’s rail network.The fire caused an electricity supply failure which left all lines between Paddington and the airport blocked, National Rail said on Saturday afternoon. Continue reading...
theguardian.com
Thousands of jobs to be cut at Jaguar Land Rover after slump in profits
As many as 4,000 positions could go over two years after cyber-attack and US tariffs take tollThousands of workers at Jaguar Land Rover (JLR) will be offered redundancies after Britain’s largest car manufacturer had its revenues slashed by falling sales, a cyber-attack and Donald Trump’s tariffs.JLR informed workers and their union on Saturday that the company would be opening a voluntary redundancy programme for salaried and management team members, the BBC and Sunday Times reported. Continue reading...
theguardian.com
An algorithm off switch isn’t enough. Big tech needs a duty of care over addictive designs | Zoe Daniel
As AI advances minute by minute and governments grapple with new developments they don’t know how to manage, holding big tech accountable becomes even more urgentA digital duty of care is about a lot more than opting out of “the algorithm”. And after the simplistic and at best patchy exercise of the under-16s social media ban, we shouldn’t let the government get away with another populist policy that looks good on the surface but doesn’t get to the core of the problem.A digital duty of care must hold the tech bros accountable for the safety of the spaces that they have created. Continue reading...
theguardian.com
Black-clad protesters in balaclavas block road at port of Dover in Kent
Port authorities say access roads ‘free flowing’ again after large group forces road closures in both directions Dozens of people dressed in black and wearing balaclavas blocked the road at the port of Dover in Kent, forcing closures in both directions on Saturday morning.Kent police said they were were in attendance and engaging with the protest, which the Port of Dover described as a “public order incident”. No arrests were made during the incident. Responsibility for the demonstration appears to have been claimed by an anti-immigration group with links to the far right. Continue reading...
cnbc.com
LeBron James teases partnership with Polymarket
LeBron James on Saturday teased an upcoming partnership with the prediction markets platform Polymarket in a social media post.
theguardian.com
Police seize £200k Lamborghini under tightened antisocial driving laws
Officers seize supercar in Southend after reports of it being driven at up to twice speed limitPolice have seized a Lamborghini potentially worth more than £200,000 under tightened laws introduced to crack down on dangerous driving.Essex police confiscated the Lamborghini Huracan on Saturday afternoon after receiving reports of the supercar being driven dangerously in Southend. The car was travelling at speeds suspected to be more than twice the limit, police said. Continue reading...
cnbc.com
Trump turns up the heat on Warsh as Fed rate hike looms
Ten days ahead of the next Federal Reserve meeting, the Trump administration looks to be in a full-court press to halt a rate hike in its tracks.
cnbc.com
U.S. attacks 3 Iranian oil tankers after missiles target Navy warships
Three Iranian crude oil carriers were hit by U.S. forces on Saturday near Iran's key oil export hub, Kharg Island, in the Gulf, U.S. Central Command reported.
cnbc.com
Trump’s state capitalism comes to the oil industry with his unprecedented Venezuela deal
The deal comes eight months after Washington ousted former President Nicolás Maduro in a military raid.
theguardian.com
Catastrophic dangers await Burnham’s push for English devolution | Phillip Inman
Like France, the UK has always been centralised – and imposing a new political structure brings huge risksDevolution in England is going to be messy and slow, and brings with it huge risks that Andy Burnham ignores at his peril.The prime minister’s devolution push will be messy because Whitehall’s ingrained anxiety about handing over money and power will lead to piecemeal deals, starting with a deal for Cornwall that will lack the much-promised driving force of a newly minted mayor. Continue reading...
theguardian.com
‘The chancellor is in a bind’: is No 11 at odds with Burnham’s big vision?
MPs applaud PM’s ambition and optimism but John Healey has yet to show he can match leader’s radical perspectiveUntil now, Andy Burnham has been a lucky prime minister. In office for just over six weeks, no major domestic crisis derailed his plans over the summer, Reform has been on the back foot, and he arrived back at Westminster with his personal approval ratings soaring and optimism undampened.But underneath the sense of relief that many Labour MPs are feeling that their high-stakes gamble of ousting Keir Starmer appears – for now – to have paid off, there is an unease that Burnham’s premiership is yet to make contact with economic reality. Continue reading...
cnbc.com
Abel: Two ways Berkshire hopes to cash in on AI
Berkshire Hathaway CEO Greg Abel tells CNBC the company is pursuing AI opportunities on two paths.
cnbc.com
This enhanced geothermal project aims to unlock gigawatts of power to fuel the data center boom
Power demand in the U.S. is rising. Fervo Energy bets that its project in Utah will prove that enhanced geothermal can be part of the power mix going forward.
theguardian.com
Deal or no deal? How to know if the retail price is right
As the government prepares to crack down on ‘phoney bargains’ we ask experts about what exactly constitutes a genuine price reductionWhen is a sale not a sale? Online and on the high street, some shops just always seem to be selling at a discount.Whether it’s the closing down sale that goes on for years, or the crossed-out original price that you can’t remember ever paying, some retailers try all kinds of ways to convince us we are getting a bargain. Continue reading...
cnbc.com
GM vs. Ford: U.S. defense, energy sectors add to automakers' century-old rivalry
General Motors and Ford are looking for new potential growth areas, including by seeking military contracts and getting into energy storage businesses.
cnbc.com
Meet the CISO: A new front line star in the AI cybersecurity war
The OpenAI-Hugging Face agent hack sent shockwaves through the business world and helped put the chief information security officer into the spotlight.
theguardian.com
John Healey warns of tough first budget as Middle East war puts pressure on economy
Chancellor says he wants to ensure country has ‘buffer’ against uncertainty as global bond yields hit 18-year highThe chancellor has indicated that the UK will face a tough budget next month due to Trump’s war in the Middle East.In an interview with the Financial Times, John Healey said the conflict in Iran would probably have a strong influence on his first budget on 28 October. Continue reading...
theguardian.com
Kardashian curves: M&S launches £28 bodysuit with exaggerated hip padding
The ‘hip boost’ aims to create hourglass silhouette, much like Kim Kardashian’s shapewear brand’s padded shortsFor decades shapewear has been used to compress and cinch. But now there is a sub-genre emerging. Rather than shrinking a silhouette, it aims to add inches.This week M&S launched a bodysuit that features exaggerated padding at the hip allowing the wearer to create an hourglass shape, or at least the illusion of one. Continue reading...
theguardian.com
‘We’re plausibly close to crossing the line’: are warnings of uncontrollable AI coming true?
A spate of serious safety incidents have increased fears about the power and impenetrability of the most advanced modelsPicture humanity in a boat being swept down a raging river, praying there is no Niagara Falls ahead. Or imagine standing with the pioneering physicists in 1942 before they triggered the first self-sustaining nuclear fission chain reaction beneath a Chicago stadium.These were two of the analogies used this week by Prof Robert Trager, an expert in the nascent field of AI governance, to describe the perilous but potential-filled moment the world stands at with accelerating artificial intelligence. Continue reading...
theguardian.com
Uefa legal case may be beginning of the end for Infantino as Trump’s support evaporates | Barney Ronay
The order of discovery related to Fifa’s failed plan to sell the World Cup will worry the American president, a situation that tends to end badly for the culprit“Tell Mike it was just business. I always liked him.”“He understands.” Continue reading...
bbc.co.uk
Live music to raise cash for Christmas dinners
Proceeds from the event help fund Christmas for families struggling financially in the South East.
theguardian.com
The two-year trail of financial controversy dogging Reform and Farage
Six claims the party has faced – from an undisclosed £5m gift to an alleged plot to bypass election lawsAs Reform UK’s annual conference unfolded in Birmingham, the party was once again facing heightened scrutiny over its finances.Two senior officials have been suspended after they were filmed in an undercover investigation appearing to plot to get around electoral laws on foreign donations. Continue reading...
theguardian.com
UK subsidence claims surge after hottest summer on record
Insurers in England and Wales tell of busy August with one reporting near-140% jump in claims UK insurers are experiencing a surge in the number of homeowners making claims for subsidence after the hottest summer on record, with Hastings Direct reporting a near 140% jump to an all-time high for August.Insurance firms have been overrun by calls and online queries, as well as a rise in claims during the five heatwaves that followed the warmest spring ever recorded in England and Wales. Continue reading...
theguardian.com
A £500 gift or a free toothbrush: is it worth switching bank accounts?
As the battle for current account customers takes a new twist we look at how tempting the offers really areFancy up to £500 of “free” cash – or how about a complimentary eco-friendly electric toothbrush? Many of Britain’s banks are offering sizeable “welcome bonuses” and other freebies in an attempt to convince people to switch to their current accounts.This week the battle was turned up a notch. Santander is offering £240, while NatWest is hoping to tempt high-earners to defect by dangling the carrot of £500. Continue reading...
theguardian.com
Food delivery riders call on platforms to open up AI ‘black box’ they say has cut pay
Workers who blame algorithms for lowering their earnings are getting help from academics to find out how the system worksGig economy workers are urging delivery platforms to open up the “black box” of computer-driven algorithms that determine the jobs they are offered and how much they are paid, blaming increased use of AI for lowering wages.A group of food delivery riders in Edinburgh say their rates of pay have fallen and their working conditions have deteriorated at the same time as Deliveroo, Uber Eats and Just Eat, the three dominant gig economy platforms in the UK and Ireland, have increased their use of automation. Continue reading...
cnbc.com
Italy's Meloni just hit a major political milestone. Former leaders say economic reform must follow
Italian Prime Minister Giorgia Meloni's government became the country's longest-serving cabinet since World War II on Friday.
cnbc.com
From Trump’s takeover threats to a ‘northern neighborhood,’ why the EU chief is going to Greenland
The visit comes as Trump renews his push for greater U.S. control of the self-governing Danish territory.
bbc.co.uk
How much can Canada fight back in its trade war with the US?
The US may be the bigger trading partner, but Canada shouldn't be counted out quite yet in the escalating trade fight.
bbc.co.uk
Flight price rises due to 'foolish leaders' starting wars, Virgin's Branson says
Middle East tensions have choked the production and transportation of oil, causing a surge in the price of car and jet fuels.
cnbc.com
Longtime Fox News host Maria Bartiromo disputes reports of termination
Maria Bartiromo, the longtime host of Fox News and Fox Business programming, has disputed reports she was fired from the cable TV networks.
cnbc.com
Tesla's stock drops 6% as Cybercab update 'underwhelms' Wall Street
Tesla's long-awaited Cybercab update failed to dazzle investors.
cnbc.com
Trump doubles down on threat to halt trade with top partners unless Fed cuts rates
President Donald Trump demanded that the Fed slash interest rates or else he will cut off trade with countries with which the U.S. maintains trade deficits.
theguardian.com
'Reform broke no law': Nigel Farage responds to latest donation revelations – video
Nigel Farage tells Reform UK's annual conference in Birmingham that allegations broadcast by Channel 4 News that his party had breached political donation rules were made because 'they’re scared of us'. The party has suspended two senior officials after they were filmed in an undercover investigation appearing to plot to get around electoral laws on foreign donations Continue reading...
cnbc.com
White House has vetted candidates for key CFTC vacancies, sources tell CNBC. It's unclear if they will be filled
Filling open commissioner positions at the regulatory agency has been a sticking point in negotiations over the Clarity Act.
bbc.co.uk
Trump calls for interest rate cut after jobs figures raise hike bets
The president's remarks came as stronger-than-expected jobs figures added to growing expectations that rates could be increased.
cnbc.com
U.S. payrolls rose 162,000 in August, much more than expected; unemployment rate at 4.1%
Nonfarm payrolls were expected to increase by 53,000 in August while the unemployment rate held at 4.1%, according to the Dow Jones consensus.
theguardian.com
Have a little fun scamming the scammers | Letters
Gary Calder responds to an article by a Guardian Money reader who got even by stringing the fraudsters alongAnyone wishing to get their own back on bank-card scammers using the method described in your article (‘I’ve £80k in the account, here’s my pin’: turning the tables on the scammers, 29 August) might like to add a touch of realism to a made-up bank-card number by picking a known issuer identification number (the first six to eight digits) and ensure that the last digit conforms to the Luhn algorithm (it’s a check digit used to pick up errors in entering all the other digits). Further fun could be had by choosing an interesting postcode, such as SW1A 2AA (or 2AB – 10 and 11 Downing Street), SW1A 2JL (New Scotland Yard) or SL4 1NJ (Windsor Castle).Gary CalderChandler’s Ford, Hampshire• Have an opinion on anything you’ve read in the Guardian today? Please email us your letter and it will be considered for publication in our letters section. Continue reading...
theguardian.com
The Guardian view on Reform’s funding scandal: Nigel Farage has questions to answer | Editorial
An undercover investigation raises issues around foreign money, political transparency and the rightwing populist party’s fitness for powerReform UK’s conference was to open showcasing a party ready for government. It did so with two top aides removed after an investigation aired on Channel 4, its finances under police scrutiny and seven in 10 voters, polls suggest, regarding its leader, Nigel Farage, as sleazy – double the number who thought the same of Andy Burnham. Reform, a rightwing populist party, says it will take power back from a corrupt establishment. The latest scandal raises a question: does Reform oppose the influence of big money – or just who benefits from it?Undercover reporters from Verbatim Investigations, founded by journalists from the Centre for Climate Reporting, pretended to be a wealthy American father and his UK-based son who wanted to donate to Reform. In the UK, foreign donations are banned from politics. But that allegedly was ignored. Verbatim’s team filmed their meetings with James Orr, a Cambridge academic specialising in ethics, and Reform’s head of policy, as well as with Dan Jukes, Mr Farage’s close aide. Both have been “removed” from their posts.Do you have an opinion on the issues raised in this article? If you would like to submit a response of up to 300 words by email to be considered for publication in our letters section, please click here. Continue reading...
theguardian.com
‘There’s no plan’: as instability in global bond markets rises, what are the knock-on effects?
From mortgages to inflation, concerns about the public finances of major economies have wide-reaching consequencesWhen Donald Trump was asked recently about the threat of rising interest rates on US government debt, he told baffled reporters: “The ultimate intervention is our military. And if we have to use that, we will.”Perhaps not surprisingly, his bellicose words did not soothe fractious bond markets, and his resumption of the bombing campaign against Iran only made matters worse. Continue reading...
bbc.co.uk
1986: Manchester's second-hand fashion mecca
Designer Jeff Banks visited Affleck’s Palace, an indoor emporium selling vintage clothing.
theguardian.com
Deadly escalation in Black Sea attacks prompts fears of even higher food prices
Russian and Ukrainian strikes in July killed more crew than in whole war to that month, preventing grain exportsA summer of hostilities in the Black Sea proved deadly for seafarers, as Russia and Ukraine attacked each other’s ships and port infrastructure, preventing vital grain exports and prompting concerns that the conflict will push global food prices even higher.More crew were killed in the Black Sea in July than during the entirety of the war before that month as the conflict has intensified, making the body of water the most dangerous in the world for commercial shipping. This is despite the conflict between the US and Iran, with vessels still being targeted in the strait of Hormuz, Red Sea and Gulf of Aden. Continue reading...
bbc.co.uk
Firmus Energy customers face price increase
Customers in the Ten Towns area will see a 8.98% increase and 12.5% for Greater Belfast.
theguardian.com
Nigel Farage meeting a 'shadowy foreign donor'? It can only be another establishment stitch-up | Marina Hyde
The only thing more dodgy than Reform’s financial dealings is the egregious lunchtime combination of oysters, Guinness and champagneHow many sarcastic air quotes is too many for quoting Nigel Farage’s suggestion that Reform have been ““““““““hoaxed”””””””” by some undercover investigators into appearing to seek to get round electoral law to bag a £500k donation from a foreigner, as well as commissioning off-the-books polling and failing to identify it to newspapers? I don’t feel eight was too many. I could run to nine. Amazing, really, that it’s been as long as a few weeks since Farage had a crash-out and forced a byelection. All any of us wants is for Nigel to once again resign after a staged shitfit and ask a few thousand members of the public to judge him.For whatever reason, though, the law of our country does not amount to an “ONLY THE PEOPLE OF CLACTON CAN JUDGE ME” tattoo, and so it is that as Reform’s conference gets under way today, the party has been reported to the police for allegedly using foreign money to fund its activities. It’s all based on a covert sting carried out by Verbatim – an investigative group founded by journalists from the non-profit Centre for Climate Reporting – and broadcast last night on Channel 4 News.Marina Hyde is a Guardian columnistDo you have an opinion on the issues raised in this article? If you would like to submit a response of up to 300 words by email to be considered for publication in our letters section, please click here.What a Time to be Alive! by Marina Hyde (Guardian Faber Publishing, £20) is released in September. To support the Guardian, order your copy at guardianbookshop.com. Delivery charges may apply. Continue reading...
theguardian.com
Populism poses serious challenge to independent central banks, Bailey says
Bank of England governor says central bankers must explain decisions or risk being seen as ‘unrepresentative elite’The governor of the Bank of England has said the rise of populist politicians presents a serious challenge to independent central banks.As Nigel Farage’s Reform UK gathered for its annual conference in Birmingham, Andrew Bailey said central bankers must be prepared to explain their decisions to the public or risk being attacked as an “unrepresentative elite”. Continue reading...
bbc.co.uk
UK petrol prices hit highest level since Iran war began
The price of unleaded hits 163p a litre, according to motoring group the RAC, as oil prices remain elevated.
cnbc.com
Volkswagen plans 50,000 job cuts as analysts see ‘halo effect’ for German auto industry
Volkswagen shares jumped on Friday after it announced plans to slash a further 50,000 jobs as part of its transformation plan.
theguardian.com
US added 162,000 jobs in August, with unemployment rate holding steady
Number of new jobs being added has been fluctuating, with private companies adding 38,000 jobs in AugustThe US economy added 162,000 jobs in August, an uptick after a sluggish summer for the labor market.The unemployment rate held steady at 4.1%, still down from its most recent peak of 4.5% last November, according to new data from the Bureau of Labor Statistics (BLS). Despite the relative stability of the unemployment rate, the number of new jobs added to the economy has been fluctuating, going from 214,000 in March down to a 21,000 gain in July and then back up in August. Continue reading...
cnbc.com
World's biggest sovereign wealth fund plans to cut U.S. Treasury holdings
Norway's $2.3 trillion investment fund says it can diversify into new areas with greater risk and returns.
cnbc.com
U.S. 'Economic Outcast’ operation gains momentum as EU joins sanctions; South Korea weighs military backing
The EU formally joined the U.S.-led sanctions campaign against Iran, while South Korea said it's weighing a military role to help reopen the Strait of Hormuz.
theguardian.com
A storm destroyed her tea factory. One Canadian friend kept the business alive 2,300 miles away
Two businesswomen made a promise to each other, and after two years of support, the Asheville Tea Company in North Carolina will reopenWhen Jessie Dean and Alexandra Sangster met in the summer of 2024, they made a pact. The two women both ran tea companies – Dean’s Asheville Tea Company in North Carolina and Sangster’s Sarjesa, more than 2,300 miles away in Calgary, Canada – and they pledged to support each other if their businesses ever needed it.“The first time I spoke to her, I was like, ‘If something happens to your teabag machine, I’ll make your tea,’” Sangster said. “And if something happens to mine, you can make my tea.” Continue reading...
bbc.co.uk
Xbox caps cloud gaming at 15 hours a month for Game Pass subscribers
Xbox said the limits were due to the rising cost of cloud gaming, and would allow it to invest more in its performance
cnbc.com
Why Nvidia's 'defensive move' to acquire Hugging Face is about much more than chips
Nvidia’s $12.9 billion Hugging Face deal could protect its open AI ecosystem, deepen ties with developers and keep the platform from rivals.
theguardian.com
‘They disturb the game’: how betting fans are taking over tennis courts
Jeering and heckling are increasingly commonplace, even at grand slams, as spectators try to influence matchesMidway through the first week of the US Open a couple of years ago, Jiri Lehecka’s attempts to find his form were disrupted by incessant taunting from a spectator close by. “There was a guy who sat just behind my bench on a smaller court, court four, and he was talking to me basically for the first three sets, like non-stop,” Lehecka says. “He was talking to me like: ‘You can’t do it. You are tired. He’s better than you are.’”Lehecka maintained his composure and closed out the match, but even as he focused on navigating the intense stress of competition, he believed he understood this spectator’s motivations. The spectator, he thinks, was not there just to cheer for his favourite player: he was a bettor who had put money on Lehecka to lose. He had entered court four solely to influence the outcome of the match. Continue reading...
bbc.co.uk
US diesel prices hit an all-time-high
Fuel prices have soared since the Iran conflict began at the end of February, mirroring the surge in wholesale oil prices.
bbc.co.uk
Stock up on food to prepare for extreme weather, minister says
Dame Angela Eagle warns the weather event could lead to extreme storms this winter.
theguardian.com
It’s time for Mark Zuckerberg to resign from Meta | Joan Donovan
The CEO is the throughline in a history of billion-dollar blunders that have caused real harm, culminating in last week’s settlementLast week, Meta, the parent company of Instagram and Facebook, agreed to a settlement of up to $18bn after dozens of US states accused it of harming children with addictive products. The settlement’s regulatory implications for social media will affect every user, far beyond teens.But if Meta is truly interested in prioritizing the safety of users, the board should request the resignation of Mark Zuckerberg and restructure to put safety above profit. Continue reading...
theguardian.com
Private equity faces existential crisis in US as unsold companies pile up
Private equity firms and the companies they own employ over 13 million, from startups to rural hospitals and large retailers, but experts’ concerns of collapse are growingRetail stalwarts Saks and Eddie Bauer filed for bankruptcy. Kmart and JoAnn Fabrics are gone for good, a trail of layoffs and disappointed customers in their wake. Hospital giant Steward Health Care collapsed, costing thousands of jobs and leaving several communities without a local hospital.These once-trusted US companies have one thing in common: they were owned by private equity investors, who load companies with debt when they buy them and squeeze out profits as they restructure. Continue reading...
theguardian.com
Thieves target mail order sales as Pokémon card prices soar
As one card recently sold for £12m, opportunistic thefts have surged – envelopes are being opened en route, costing small businesses thousandsPokémon’s success over the last 30 years has seen it grow from a much-loved Game Boy classic, to a world-dominating brand with TV shows, spin-off games, toys and even a theme park. The trading card game is a huge part of that, with more than 85bn cards printed over its lifetime, and the appetite for them shows no signs of slowing down. Packs get snapped up after release so quickly it’s now almost impossible to find them in shops, and a booming resale market is driving the hobby into murky waters.One card recently sold for an eye-watering £12m, and an increasing number of people have gotten into the collecting business on the hunt for huge profits, leading to a rise in thefts targeting card shops. More recently though, some small businesses have reported that their sales have been hit by thieves targeting envelopes within Royal Mail, leading to thousands in lost revenue. Continue reading...
cnbc.com
Nvidia's investments grow to $99 billion as chip giant becomes major backer of AI companies
Nvidia reported $99 billion in equity holdings as it backs AI labs, cloud providers and infrastructure companies across the sector.
theguardian.com
UK pubs take a tip from America: the Stephen Collins cartoon
Continue reading...
theguardian.com
How will bond market turmoil affect your mortgage, pension and savings in UK?
Sell-off raises concerns of higher borrowing costs for households. Here’s what it could meanThe bond market sell-off has sparked fresh fears of higher borrowing costs for UK households. We look at what the turmoil in financial markets could mean for your mortgage, pension and savings. Continue reading...
cnbc.com
Argentina's Milei escalates Falklands dispute as Trump questions U.S. support for Britain
Argentina's President Javier Milei has renewed the country's claim to the Falkland Islands and threatened sanctions on oil companies.
cnbc.com
Global bond sell-off likely not over yet, Mohamed El-Erian tells CNBC
In a wide-ranging interview, the renowned economist also said the U.S. Treasury had taken "a step too far" with its market intervention.
bbc.co.uk
Prosecco, cakes and beauty products - how to get birthday freebies and why there's a catch
Cake, coffee, make-up and burgers are just some of the free things you can get on your birthday.
cnbc.com
The inflation genie could be out of the bottle — and bond markets are sounding the alarm
Global bond yields have surged as investors assess whether rising debt, tariffs, defense spending and energy shocks could keep inflation higher for longer.
bbc.co.uk
Volkswagen board approves plan to cut another 50,000 jobs
The group - which includes Audi, Porsche, Skoda as well as the VW brand - plans to cut a total of 100,000 posts by 2030.
bbc.co.uk
Argentine leader threatens to sanction oil firms and reiterates Falklands claim
Javier Milei reiterates his country's claim on the British overseas territory, saying the "winds of change" favour it.
cnbc.com
CNBC Daily Open: Vance says he would not call Trump's war with Iran a 'war'
U.S. Vice President JD Vance weighs in on Iran and rates, while investors turn their focus towards the August jobs report, due out on Friday.
theguardian.com
Homes for sale minutes away from a train station in England – in pictures
From a period cottage in Oxford with its own blue plaque, to a quiet leafy pocket in a bustling area of London Continue reading...
bbc.co.uk
Controversial Jackdaw gas field set to be approved in weeks, sources say
The government is set to give the go-ahead for the gas field off the coast of Aberdeen, the BBC understands.
bbc.co.uk
Would you lie to get a birthday freebie?
We ask people in London if they would fib about their birthday to get a free treat from a shop or restaurant.
cnbc.com
India’s June quarter GDP print is courting controversy. Here’s why
India's forecast-beating economic growth has come under scrutiny after a former government official claimed that the GDP print is overstated.
bbc.co.uk
From 'dog fruit' to darling: India's avocado boom
Demand for avocados is booming in India and local growers hope to grab more of the market.
cnbc.com
Shein has made a shaky stock market entry. Can it get its mojo back?
Shein’s Hong Kong IPO puts the focus on how the fast-fashion retailer can reaccelerate growth as its low-cost model faces new pressures.
cnbc.com
South Korea's AI rally is reshaping romance, reality shows and academic preferences
South Korea rally is changing what Koreans watch, how Koreans date, and what Koreans study.
bbc.co.uk
'I lost my savings after a job interview scam'
Jobseekers, especially Gen Z, are being targeted with fake, booby-trapped recruitment apps.
bbc.co.uk
Is India's internet boom running into an undersea problem?
At least 13 of India's 18 intercontinental cables come ashore within six kilometres of Mumbai's Versova beach.
cnbc.com
Carney claps back at Lutnick, says Canada will resume trade talks 'when the Americans are ready'
Canada has retaliated against President Donald Trump's 50% tariffs with "dollar for dollar" duties on U.S. goods, which are set to take effect next week.
theguardian.com
UK mortgage borrowers brace for rate jump amid global bond sell-off
Swap rates rise to three-year high as increase in oil prices leads to fears of higher inflationBusiness live – latest updatesHomeowners in the UK are braced for a jump in mortgage rates, driven by higher inflation and interest rate increase expectations amid turmoil in the global bond markets.UK swap rates, which lenders use to price mortgages, have risen to a three-year high, as this week’s global bond market sell-off ripples through the economy. Continue reading...
theguardian.com
How climate denialism finds its way to the US 's highest office – video explainer
Although it's scientific consensus that the climate crisis is happening, climate change denialists have found support in the highest office during the second Trump administration and significantly influenced current climate and environment policies. The Guardian's fossil fuel and climate reporter Dharna Noor explains why such rhetorics could be dangerous for our planet Continue reading...
bbc.co.uk
Nvidia strikes $12.9bn deal to buy AI platform Hugging Face
The deal gives Nvidia control of a leading open-source AI platform and developer community.
bbc.co.uk
Trump $1 coin makes him first living president on US currency in a century
The US Mint special edition is stamped with a portrait of Trump alongside the words "LIBERTY" and "IN GOD WE TRUST"
bbc.co.uk
Households warned gas price spike could pile fresh pressure on energy bills
Experts warn low storage levels could push up gas prices further, leaving households with higher bills.
bbc.co.uk
B&Q and Five Guys among firms that paid staff below minimum wage
More than 600 companies underpaid staff, with £4m returned to workers, according to the government.
theguardian.com
The plastic waste overtaking New York – and the people trying to curb it
From New York to Quebec, photographer Bryan Anselm spent months capturing spaces overrun with plastic and the actions individuals and groups are taking to reduce wasteIn New York City, the plastic we discard has a way of remaining in plain sight. There are few alleys to hide residents’ refuse, and the clear recycling bags leave their contents on full display. In a city built on a dense grid, lightweight wrappers, bags and bottles spill from overflowing bins and skitter down sidewalks, collecting in gutters and corners before the wind carries them on.All that plastic is a layer of the urban landscape, as familiar as subway grates and fire escapes, revealing a messy and unflattering aspect of city life. “Garbage is not what we cast out, but the prime locus of meaning in our lives,” the character Nick Shay says in Don DeLillo’s Underworld. Continue reading...
theguardian.com
UK homeowners: has the hot weather damaged your property?
Are you dealing with subsidence or other issues caused by the hot weather? During a dry spell, such as the successive heatwaves that affected some parts of the UK this year, houses built on clay-rich soil suffer as moisture is sucked away by trees and bushes. This causes the clay to shrink and foundations to drop, causing structural problems.We would like to speak to homeowners who are dealing with damage to their homes which is likely to have been caused by this year’s extremely hot, dry weather. Continue reading...
bbc.co.uk
Almost half of households do not see benefits of economic growth, report says
Analysis has found a "stark" gap in the spending power of households in the north and south of England on average.
bbc.co.uk
Hundreds of North Sea workers too heavy for new helicopter rules
Workers should weigh no more than 19.5st fully clothed so that they can be winched to safety in an emergency.
bbc.co.uk
Heathrow expansion an 'outdated' risk, mayor says
Sir Sadiq Khan is repeating his opposition to a third runway in response to a government consultation.
cnbc.com
The world appears to be entering a higher-rate era. Here’s who will pay the price
The bond sell-off is owed to a mix of high government debt issuance, an oil-price shock that has reignited inflation concerns, and expectations of higher rates.
cnbc.com
Why Hilton calls this Asian country the fastest-growing tourism market
Hilton says one Asian country is the most exciting global tourism market as regional travel surges.
bbc.co.uk
Who is Alejandro Betancourt, colourful oil baron behind US-Venezuela oil deal?
The 46-year-old figure of international intrigue has an apparent knack for being in the right place at the right time.
bbc.co.uk
Uber launches UK's first robotaxis with a driver - here's what it's like to ride in one
The ride-hailing app has launched 15 self-driving taxis, but they will have safety drivers inside.
bbc.co.uk
Stingy bosses and spare change: How much should you give to the office whip-round?
Office whip-rounds are a staple of working life but they can raise a lot of awkward questions.
bbc.co.uk
How Victoria Beckham turned her fashion firm around and made it profitable
The pop star formerly known as Posh Spice has taken nearly two decades to turn a profit.
bbc.co.uk
Why wait? Business grads buying firms to install themselves as CEO
Impatient to be the boss of an established company they are borrowing money to fund their purchases.
bbc.co.uk
Uber to cut over 3,000 jobs in major global restructuring
The company says cutting roles would make its operations "simpler and faster".
bbc.co.uk
Faisal Islam: Why bond market wildfire is keeping world leaders up at night
Huge AI spending plans and the ongoing war in Iran are driving up borrowing costs around the world.
bbc.co.uk
'My parents won't lend me £10k but helped my brother': When families play financial favourites
So-called financial favouritism can cause jealousy and resentment long into adulthood. Here is how experts say you can avoid it
bbc.co.uk
Overcooked? Why robotic pizza makers are failing
A string of failures has sapped confidence that robots will take over production at pizza restaurants.
bbc.co.uk
How Dolly Parton's business savvy helped her succeed far beyond the charts
While country music and films brought her fame, her entrepreneurial zeal brought her fortune.
bbc.co.uk
Firms scramble for battery power in Spain and Portugal
After last year's massive power failure Spanish and Portuguese firms are buying battery back ups.
bbc.co.uk
Drought leaves 'barely any apples' to make cider
Some orchards are harvesting just a 10th of their usual crop, and facing an uncertain future.
bbc.co.uk
'What you see is what you pay' - why some US restaurants are banning tips
Tips are central to US dining culture but some eateries think that they are unfair.
bbc.co.uk
How landscape gardening is being electrified
The switch to quieter electric equipment is not going as fast as some would like.
bbc.co.uk
Why the UK is dithering over what to do about e-scooters
Why is it taking so long for the government to regulate them, and what are the consequences of delay?
bbc.co.uk
Why Gen Z are planning for life without a state pension
Many younger people do not believe the state pension will exist when they are older
bbc.co.uk
The furious dispute over what caused Air India flight 171 to crash
The final conclusions of the investigation have yet to be published, although more could become apparent in the coming days.
bbc.co.uk
How the High Street became a window on our political instability
High Streets have declined in recent years. What does this tell us about the UK?
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